2025-08-24 Daily Line

Woke up, feeling sore all over, probably because I slept curled up in the car for too long.

The daily lines for Saturday and Sunday did not provide a direction, and we are still in a consolidation state. Ethereum and SOL are clearly in a bullish trend on the 1h-4h-1d-3d-1w charts, while BTC is still in a bearish channel on the 1h-4h charts and has not yet broken out. The 1d is oscillating, and above 3d is bullish. In this case, buying on dips still carries less risk than shorting on rebounds.

The position for BTC is around 1142-1148. There is a position for SOL at 205, where there is a top-bottom reversal, but this area has not been tested. If the support is valid, it will definitely hold, but the strength is unknown. Below 205, we have 200-195, and lower levels are not currently considered. Ethereum has a consolidation bottom around 4650-4670; if it retraces here, the first step will be to drop into this range.

These levels are not considered low; they are only suitable for building positions and not for long holds. Aside from BTC, others have deviated more than 10% from the last pullback bottom. If a large position enters at these levels, once a 1h pullback occurs, it will be painful.

With 20 days left until the September interest rate cut, the probability of continuous rises for over 20 days is extremely low. There should be 1-2 pullbacks at the 4-hour level, followed by a few days of narrow fluctuations, then a short spike before returning to a pullback after the interest rate cut.

Manage your timing well. People are holding Ethereum at 1500-2200, SOL at 120-130, and BTC at 782-980. If you're trying to play the same game with Ethereum at 4600-4700, SOL at 195, and BTC at 113500, it won't work out for you. They can afford to pull back profits, but if you can't manage it well, you might face liquidation.

There is nothing noteworthy in Sunday’s daily line; just pay more attention to tonight's night line.

Just remember that Sunday night’s line has an 80% probability of extending into Monday’s daily line. If the Sunday night line is in a downward trend, and continues to fall throughout the night, the probability of a quick drop on Monday morning between 9-10 AM exceeds 70%. If the Sunday night line is sideways, then even if Monday’s daily line doesn’t rise, it won’t drop much. If the Sunday night line is bullish, then Monday’s daily line will continue upward.

It’s the weekend, spend more time with your family, don’t stare at the charts all the time...